British Land gets green light for multi-level London logistics hub
British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield.
According to the company, the site,...
South Korean pension fund invests $100m in 3650 REIT’s lending strategy
South Korea-based public pension fund Public Officials Benefit Association (POBA) has made a $100 million capital commitment to US-based commercial real estate lender...
Segro reports 12.5% surge in net rental income for 2023
UK Real Estate Investment Trust (REIT) Segro has reported a resilient financial performance, reporting growth in rents, earnings, and dividends for the fiscal year ending...
Assura and USS form £250m NHS property partnership
Healthcare property specialist Assura plc (Assura) and Universities Superannuation Scheme Limited (USS), the pension scheme for UK universities, have formed a new £250m 20:80...
Brookfield makes £557m cash offer to acquire Tritax EuroBox
Tritax EuroBox plc and Titanium Ruth Bidco Limited (Bidco), a company indirectly owned by one of Brookfield’s real estate private funds, have reached an...
AshbyCapital sells UK retail park portfolio to Realty Income
AshbyCapital has secured a buyer for its UK retail park portfolio, selling a trio of assets in Swansea, Leeds, and Glasgow to US-based Realty...
LondonMetric tables preliminary offer for Urban Logistics REIT
Urban Logistics REIT plc has confirmed that it has received a preliminary proposal from LondonMetric Property plc regarding a potential takeover bid, following recent...
Adobe expands office space at Derwent London’s White Collar Factory
Derwent London has announced a major lease expansion and extension agreement with Adobe at its flagship White Collar Factory in EC1.
The global software and...
NewRiver buys back £36m in shares as Growthpoint fully exits stake
NewRiver REIT plc has repurchased 47.7 million ordinary shares from Growthpoint Properties Limited for approximately £35.8 million, representing around 10% of its issued share...
Supermarket Income REIT scales JV with $196m Asda deal and asset transfer
Supermarket Income REIT has announced a significant expansion of its joint venture (JV) with funds managed by Blue Owl Capital, following the acquisition of...
CapitaLand Ascendas REIT buys Spanish logistics portfolio for €124m
Singapore-listed CapitaLand Ascendas REIT (CLAR) has completed its first acquisition in Spain, purchasing a prime logistics portfolio in Madrid and Barcelona for a total...
Grainger agrees £540m banking facility extension
Grainger plc has extended £540 million of its core banking facilities to 2033 at improved margins, a move expected to reduce annual finance costs...
